Appraisal services for Waterbury and New Haven County homeowners

Here are the top seven reasons why CT homeowners need JoAnn Ray Appraisal:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge New Haven county's assessment of your propertyvalue
  3. To reduce their monthly mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a CT divorce, where real estate needs to be divided
  7. Settle an estate in CT by determining the true market value of real estate in question

Need help deciding the value of your home in or near Waterbury, CT?
Contact JoAnn Ray Appraisal.

We at JoAnn Ray Appraisal understand the individual needs of a customer looking for appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Professional appraisers, like the ones at JoAnn Ray Appraisal, are objective. We will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just you saying how much your home is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value conclusion than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to save money for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. We're veterans in helping people just like you dismiss unneeded and unwanted PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other homes close to yours. That only means you're probably paying more taxes than you should. The faster you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting a professional appraisal from JoAnn Ray Appraisal is your strongest weapon.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. JoAnn Ray Appraisal can help you reinstate your home equity line of credit with efficient appraisal.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for accuracy, or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. If you're in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal you may have had in the past. Even though this is usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your property.